Bajaj Auto sales down 14.7 percent in March

Mumbai, April 2 (IANS) Bajaj Auto posted sales of 132,640 two-wheelers units last month, down 14.7 percent as compared to the 155,504 units sold in March 2008, the company said Thursday. Bajaj sold 132,210 motorcycles last month, reflecting a decline of 14.4 percent from the 154,443-unit sale the corresponding month last year.

Its total motorcycle sales for 2008-09 stood at 1,907,810, a decline of 10.8 percent compared to the 2,139,779 units sold the previous year.

The company also sold 2,194,108 three-wheelers in 2008-09, plummeting 10.5 percent from 2,451,407 sold in 2007-08.

The only silver lining for Bajaj was positive export figures, which showed a 24.9 percent growth with 772,519 units sold in 2008-09 - up from 618,341 last fiscal.